Safehold (SAFE) Expected to Announce Quarterly Earnings on Monday

Safehold (NYSE:SAFE - Get Free Report) is projected to post its Q1 2025 quarterly earnings results before the market opens on Monday, May 5th. Analysts expect the company to announce earnings of $0.42 per share and revenue of $95.55 million for the quarter.

Safehold (NYSE:SAFE - Get Free Report) last posted its earnings results on Wednesday, February 5th. The company reported $0.36 earnings per share for the quarter, hitting the consensus estimate of $0.36. Safehold had a return on equity of 4.76% and a net margin of 28.92%. During the same quarter in the previous year, the business earned $0.36 earnings per share. On average, analysts expect Safehold to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Safehold Stock Performance

Shares of SAFE stock traded down $0.03 during mid-day trading on Thursday, hitting $15.72. 243,993 shares of the stock were exchanged, compared to its average volume of 396,846. The stock has a market capitalization of $1.13 billion, a price-to-earnings ratio of 10.62 and a beta of 1.63. The company has a debt-to-equity ratio of 1.82, a quick ratio of 36.59 and a current ratio of 36.59. Safehold has a 12-month low of $13.68 and a 12-month high of $28.80. The stock's fifty day simple moving average is $17.17 and its two-hundred day simple moving average is $18.67.

Safehold Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a $0.177 dividend. The ex-dividend date was Monday, March 31st. This represents a $0.71 dividend on an annualized basis and a dividend yield of 4.50%. Safehold's payout ratio is 47.30%.

Analyst Ratings Changes

Several brokerages have recently weighed in on SAFE. JMP Securities reiterated a "market outperform" rating and set a $35.00 target price on shares of Safehold in a research note on Thursday, February 6th. Mizuho dropped their target price on Safehold from $25.00 to $19.00 and set a "neutral" rating on the stock in a report on Thursday, April 3rd. Morgan Stanley lowered their price objective on shares of Safehold from $19.00 to $17.00 and set an "equal weight" rating on the stock in a research report on Tuesday. Wedbush restated a "neutral" rating and issued a $20.00 target price on shares of Safehold in a research note on Monday, March 31st. Finally, The Goldman Sachs Group dropped their price target on shares of Safehold from $29.00 to $24.00 and set a "buy" rating on the stock in a research note on Tuesday, January 7th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $25.25.

Safehold Company Profile

Safehold Inc NYSE: SAFE is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. Having created the modern ground lease industry in 2017, Safehold continues to help owners of high quality multifamily, office, industrial, hospitality, student housing, life science and mixed-use properties generate higher returns with less risk.